BOULDER, Colo. (AP) - Boulder may end its push to form a municipal electric utility as part of a possible settlement to ongoing litigation with Xcel Energy.

The Daily Camera reports (http://bit.ly/1reCEbp ) that both parties announced Wednesday that they are discussing a settlement that would have Xcel continue to provide electric services to Boulder customers.

For now, the city’s bid to municipalize has not been suspended. Instead Boulder is moving forward with its application to the state Public Utilities Commission while also engaging in settlement talks.

The city has been petitioning the commission to acquire certain Xcel facilities and create its own utility. The commission ruled in November that Boulder cannot acquire Xcel facilities that exclusively serve customers outside city limits but is allowing a supplemental application for the city to acquire some facilities.